Auto Warranty Companies Fight For Your Business

car warranty - The industry of auto warranty companies is a fiercely competitive one. You will find a limited variety of cars on the road - granted, there are many them, and each one of them, at one point or still, has or had a warranty - though with the large number of companies fighting for that business of these drivers, it means that every car owner is definitely the target of some very hungry sales reps.

This is definitely a daunting position to stay in for any car owner. If you are purchasing a new car coming from a dealership, or investing in a second hand car, you will see people trying to sell you their warranty services.

In the dealership, you may come across a pushy sales person who will try everything they can to help you get to sign on for an extended warranty when you make your initial purchase. You will find good things about buying at that time, including obtaining the costs in the warranty rolled up to the financing for the car, and realizing that your dealership will continue being the place to have any repairs or replacements done. However, these comforts could end up costing you hundreds or 1000s of dollars in the end. Sales representatives make large commissions on warranties, so they're eager to help you get to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, instead of adding a little number in your monthly car payment bills. Nevertheless it could very well help you save money.

But as not all car sales person is out to rip you off, not every third-party providers are good guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to achieve you as being a client, so use that in your favor. Make a price comparison, look at all of the terms of the warranties offered, and tell the companies you speak with “hey, cause me to the best offer.” If they can't, someone else will.